The European Commission (EC) said the aborted UPS and TNT merger would have increased prices and would not have been challenged enough by other carriers. The regulator officially blocked the merger from taking place on 30 January, claiming it would have restricted competition for express delivery between European countries in 15 nations. It also said that the acquisition would have reduced the number of “significant players” to two in some countries, which it claimed would have “likely harmed customers by […]
A 15% surge in online retail returns is expected to be handled by parcel carriers today (6 December), following the high volumes processed on ‘Cyber Monday’. A peak in the number of items being returned is expected to be handled on ‘Boomerang Thursday’, CollectPlus research has revealed. The firm found that a quarter of online shoppers are happy to return items today as they are confident they will receive replacements before Christmas. Software firm MetaPack revealed that over 2 million […]
Parcel carrier DPD has revealed plans to invest £3.7m in four new depots in Smethwick; Sheffield; Snetterton, Norfolk and Billingham, Teesside as part of its £175m strategy to handle increased volumes.
The European Commission (EC) is to probe potential competition concerns in the small parcels sector, particularly international express services, if UPS’s takeover of TNT Express goes ahead. Dutch-owned TNT Express and US parcel giant UPS are two out of the four ‘integrators’ operating within Europe (integrators are companies that control an air and road small package delivery network throughout Europe and beyond and are capable of offering the broadest portfolio of such services). The other integrators classified by the EC […]